Which of the following is not a possible implication of federal budget deficits?
a. Crowding out
b. Increased interest rates
c. Inflation
d. Increased trade deficits
e. Depreciation of the dollar
Question 2
If the aggregate demand curve shifts rightward, then _____.
a. the price level increases and output decreases
b. the resulting increase in the price level is usually called cost-push inflation
c. the resulting increase in the price level is usually called demand-pull inflation
d. the price level increases as long as the aggregate supply curve shifts leftward
e. the price level decreases and output decreases
Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Federal vs state govenment
Annual Federal Deficit (or Surplus), 1992–2016
Sample budget spreadsheet form for first year of business.
Flexible exchange rates are supposed to prevent long-term trade deficits.
US federal budget deficit/surplus and debt